Latest Development Activity News

Resolution Minerals has achieved 99.5% recovery of stibnite from lower grade Antimony Ridge samples, reinforcing the project's potential as a key US antimony source. Further flotation and hydrometallurgical test work is underway alongside a major drilling campaign at Golden Gate.

PhosCo Ltd has delivered maiden Mineral Resource Estimates for the KM and SAB phosphate deposits at its Gasaat Project in Tunisia, adding 20.2 Mt at 20.5% P₂O₅ and lifting the total resource to 166.6 Mt. The shallow, low-strip deposits promise improved early production and underpin an updated scoping study due in Q3 2026.

Corella Resources has issued 205 million shares raising $2.46 million to fund its Chobe Project acquisition and working capital, with a second tranche and attaching options pending shareholder approval.

Beetaloo Energy has secured full underwriting for its $5 million Share Purchase Plan, with shareholder approval for the share issuance and any shortfall shares to be sought at the upcoming AGM on 29 May 2026.

American West Metals (ASX: AW1) has raised A$10 million through an oversubscribed institutional placement to fast-track exploration at its West Desert and Storm Copper projects, focusing on high-demand critical metals.

Larvotto Resources extends high-grade gold-antimony-tungsten mineralisation at its Metz Mining Centre, with the Midas Gully lode now stretching over 700m and open at depth, supported by new geophysical data.

Midas Minerals has delivered its highest-grade copper and silver intercepts yet at the T-13 deposit in Namibia, with ongoing drilling poised to expand resources and accelerate exploration.

Brazilian Critical Minerals (ASX: BCM) has locked in pre-approval under Australia’s R&D Tax Incentive for its Ema Rare Earth Project, including critical overseas activities in Brazil. This reduces regulatory uncertainty and supports funding efficiency for advancing the project’s development.

Elixir Energy has completed stimulation at its Diona-1 well in Queensland’s Surat-Bowen Basin, observing encouraging gas indications ahead of flow testing. The well’s proximity to major pipeline infrastructure could accelerate commercialisation if results hold.

American Uranium has launched a $2.59 million entitlement offer with free attaching options, highlighting its robust uranium resources in Wyoming and ongoing drilling plans.

Toro Energy shareholders face a pivotal vote on a takeover scheme by IsoEnergy, offering a near 80% premium and access to a diversified uranium portfolio across Australia, Canada, and the US.

Vanadium Resources (ASX: VR8) has taken major steps to commercialise its Steelpoortdrift project with a non-binding offtake deal with U.S. Vanadium and appointed Rand Merchant Bank to lead funding efforts.